The global anti-terror watchdog - Financial Action Task Force (FATF) will open Pakistan's Pandora Papers leaks to reveal the nexus of the financial shenanigans, the
money laundering operations and the covering up of terror finance networks being run by the Pakistan Army using shady businessmen and dodgy politicians.
Federico Giuliani, writing in Inside over said that it is nothing short of a travesty that the Pandora Papers Leaks did not open a Pandora's Box in Pakistan.
It may be recalled that it is precisely these AML/CFT networks that prompted the Financial Action Task Force (FATF) to place Pakistan under 'increased monitoring' or the "Grey List" in 2018.
After Pakistan was put on the grey list, it has purportedly taken a slew of measures to fulfil the "high-level political commitment to work with the FATF and APG to strengthen its AML/CFT regime and address its strategic counter-terrorist financing-related deficiencies".
But most of these measures, especially the ones that involve curbing financial networks of terror groups closely linked to or working for the Pakistani state have been largely untouched.
For throwing dust into the eyes of the FATF, Pakistan even instituted cases against UN-designated terrorists like Lashkar-e-Taiba (LeT) chief Hafiz Saeed and some of his close associates.
In very hasty trials -necessitated by the FATF calendar - the lower courts even convicted Saeed and his associates for various jail terms. That the trial courts convicted these terrorists in a matter of days should have set alarm bells ringing in the FATF in Paris, said Giuliani.
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